Bengaluru-based Puravankara Ltd is preparing to launch 12–13 million square feet of new residential projects across major Indian cities this fiscal year. Mallanna Sasalu, CEO‑South, said the launches will cover Bengaluru, Mumbai, Kochi, and Coimbatore, with homes starting at ₹1.4 crore.
The projects will include high-rise apartments, gated communities, and townships, designed to meet growing demand in urban areas. Bengaluru, in particular, is seeing strong interest in homes priced between ₹1–2 crore, driven by rising incomes and migration to the city.
Despite regulatory delays earlier this year, especially in Bengaluru, Puravankara recorded pre-sales of ₹3,859 crore in the first nine months of FY26. Streamlined municipal approvals and faster processes are helping the company prepare for the new launches.
City-wise, Bengaluru leads with around 8 million sq ft, followed by Kochi (1.4 million sq ft), Coimbatore (1.25 million sq ft), and Mumbai (1 million sq ft). Most homes are priced above ₹11,000 per sq ft, while premium properties in Bengaluru and Mumbai may reach ₹11–13 crore.
In Mumbai, the company will focus on high-profile redevelopment projects, totaling over 4.3 million sq ft across five sites, valued at more than ₹10,500 crore. Some of these redevelopments are expected to launch this year.
Puravankara will continue focusing on premium and luxury homes under its main brand, while the Provident brand will target larger townships and value housing in peripheral areas. A new Provident launch is also planned for next year.
This expansion reflects Puravankara’s strategy to balance luxury, mid-segment, and affordable housing, aligning with current trends in India’s residential market.
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